Moncton staff have presented a 2027 municipal budget to city council that would spend $390 million and cut the tax rate by eight cents.
Rising assessments still expected to see overall tax bills increase
Shane Magee · CBC News
· Posted: Nov 03, 2026 12:18 PM EST | Last Updated: 2 hours ago
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Moncton council is considering its 2027 city budget. (Shane Magee/CBC)
Moncton staff have presented a draft 2027 municipal budget to city council that would spend $390 million and cut the tax rate by eight cents.
The spending plan covering more than 500 pages was presented Tuesday as council began its multi-day budget meetings. The totals and tax rate could change prior to a final vote expected on Thursday.
Staff presented an operating budget of $245.6 million, up $9.3 million from 2026. The capital budget is proposed to be $94.6 million, up $1.9 million. The utility budget is proposed at $49.3 million, up $1.5 million.
Jacques Doucet, the city’s general manager of finance services, presented the budget Tuesday.
“Our financial position is strong, it remains strong,” Doucet told council. He said there are risks related to U.S.
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